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Developers will have more job opportunities, they will get higher salaries. There will be more companies that will get started which will employ people from oth
by websymphony 14y ago
Developers will have more job opportunities, they will get higher salaries. There will be more companies that will get started which will employ people from other trades as well. And this is all bad. Can please someone explain it to me how?
- damoncali 14y agoAside from the author's bubble argument (which I don't really buy), a possible outcome is that quasi-legal fraud will get out of control and bring this all to a very public halt, at which point the politicians will rush in to "fix" things. Human nature is what it is. People will lose money. People will get ripped off. People will blame each other and sue. All of that is bad. The question is will the good outweigh the bad, and will anyone notice?
- Tangurena 14y agoHaving read HR3606, so many existing requirements to comply with Sarbanes-Oxley and SEC regulations are eliminated for "emerging growth organizations" that there will be huge amounts of fraud. Not all "emerging growth organizations" will be fraudulent, but this makes it far easier to get away with.